Deciding to Eliminate Employee Programs
The CEO at Rex Technologies is contemplating retaining health insurance, sick leave, child care, and paid vacation programs. The decision is as per the analysis conducted in this week’s case study. However, the CEO is in a dilemma to make the right decision using metrics that provides accurate data and analysis. Cascio & Boudreau (2011) explains that there is a disconnect when an organization utilizes traditional metrics like attitude or counting the number of days an employee avoids work. As such, the use of traditional methods is not consistent with modern ways of examining the achievement of strategic business objectives. In view of the above, the CEO can utilize a control research study metric to examine the effectiveness and make accurate decisions.
This method of measurement divides employees into groups, where a section is offered the wellness programs to be retained while the other group is left without any intervention. As supported by Bajpai (2011), the scientific control group is a significant part of a research study seeking to determine the effectiveness of an intervention or program. Thus, it allows a researcher to mitigate the effects of all variables apart from the independent variable. The procedure is quite simple because Rex Technologies first decide on the employees to participate. For instance, Rex Technologies can select workers from one department to participate. Once the subjects have been selected, specific wellness programs will be offered to one group. Data concerning their overall productivity and revenue generated will be determined. The other group with no intervention will also be monitored. The two sets of clusters will provide fundamental data used to measure the effectiveness after a given duration, preferably long-term. The metric would provide the right data because the control group, receiving no intervention will be used as the basis to compare the groups and examine the effectiveness of different wellness programs.
Bajpai, N. (2011). Business research methods. India, Pearson Education.
Cascio, W. & Boudreau, J. (2011). Investing in people: Financial impact of human resource
initiatives. Upper Saddle River, N.J: FT Press.